Solve the Problem. -An Average Library Contains at Least 50 and at Most

question 68

Multiple Choice

Solve the problem.
-An average library contains at least 50 and at most 250 books. How many library owners must be Polled to be certain that at least two owners have the same number of books in their libraries?

• A) 200 owners
• B) 202 owners
• C) 203 owners
• D) 201 owners

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Definitions:

Freely Functioning Market

A market where goods and services are traded without any restrictions or interventions from governments.

Government Intervention

Actions taken by a government to affect the economy, which can include regulations, subsidies, tariffs, and taxes.

Efficient

The optimal allocation of resources in a manner that maximizes output or outcomes without wasting any resources.

Social Goods

Goods that benefit all members of society and are often provided by the government, such as public parks and national defense.